First Trust Semi Deviation

First Trust South Korea AlphaDEX ETF -- USA Etf  

USD 30.9  0.21  0.68%

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First Trust South Korea AlphaDEX ETF has current Semi Deviation of 0.3196. Semi-deviation provides a good measure of downside risk for a equity or a portfolio. It is similar to standard deviation, but it only looks at periods where the returns are less than the target or average level.
First Trust 
Semi Deviation 
=  
SQRT(SV) 
 = 
0.3196
SQRT =   Square root notation
SV =   First Trust semi variance of returns over selected period

Semi Deviation Comparison

First Trust South Korea AlphaDEX ETF is rated # 5 ETF in semi deviation as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about  10.58  of Maximum Drawdown per Semi Deviation. The ratio of Maximum Drawdown to Semi Deviation for First Trust South Korea AlphaDEX ETF is roughly  10.58 
Semideviation is the square root of semi variance. Semi-variance is calculated by averaging the deviations of returns that have a result that is less than the mean.
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The investment seeks investment results that correspond generally to the price and yield of an equity index called the NASDAQ AlphaDEX South Korea Index. more
NameFirst Trust South Korea AlphaDEX ETF
Macroaxis Advice
InstrumentUSA Etf ETF Directory
RegionAsia-Pacific
Investment IssuerFirst Trust
ExchangeNASDAQ General Markets
CurrencyUSD - US Dollar
IssuerFirst Trust
DescriptionFirst Trust South Korea AlphaDEX Fund
Inception Date2011-04-18
BenchmarkDefined South Korea USD
Entity TypeRegulated Investment Company
Asset Under Management3.09 Million
Average Trading Valume2,194
Asset TypeEquity
CategoryBroad Equity
FocusBroad Equity
Market ConcentrationDeveloped Markets
RegionAsia-Pacific
AdministratorBrown Brothers Harriman & Co.
AdvisorFirst Trust Advisors L.P.
CustodianBrown Brothers Harriman & Co.
DistributorFirst Trust Portfolios L.P.
Portfolio ManagerDaniel J. Lindquist, Jon C. Erickson, David G. McGarel, Roger F. Testin, Stan Ueland, Chris A. Peterson
Transfer AgentBrown Brothers Harriman & Co.
Fiscal Year EndDecember 31
ExchangeThe NASDAQ Stock Market LLC
Number of Constituents51.0
Market MakerCredit Suisse
Total Expense0.8
Management Fee0.8